The short week produced little in the way of regulatory costs and benefits: just $18 million in costs and 3,200 paperwork burden hours. EPA’s proposed contingency plan for hazardous substances led the week.
Regulators took a break this week, imposing $107 million in total costs with just three final rules that monetized burdens. There were $9.2 million in benefits and more than 40,000 paperwork burden hours. Mining safety standards headlined the week.
The Department of Energy (DOE) had a big year imposing efficiency regulations in 2014. It looks like the trend will continue in 2015. DOE recently released the final versions of two energy efficiency proposals that it proposed in 2014. The affected items include commercial icemakers and certain kinds of lamps used in commercial and industrial settings. The unofficial, pre-publication versions of these rules are a combined 776 pages.
Just a few days after regulators closed the books on more than $181 billion in regulatory burdens, they started 2015 with another $528 million in new costs. Annualized burdens were $125 million, compared to $177 million in benefits. Paperwork is off to a fast start, up by 258,000 hours, after declining in 2014.
President Obama’s pen and phone imposed $181.5 billion in regulatory costs during 2014, including proposed and final rules. In 79,066 pages of regulation, Americans will feel higher energy bills, more expensive consumer goods, and fewer employment opportunities.
The Environmental Protection Agency (EPA) recently released a final rule regulating coal combustion residuals (CCR). The proposed version arrived roughly four and a half years ago.
The National Labor Relations Board (NLRB) has apparently decided to mark the end of 2014 by dramatically changing its own precedent regarding franchised businesses. On Friday, the Board announced that it has issued 13 complaints involving 78 labor practice charges against McDonald’s.
It was a week with highs and lows in the regulatory world: an ozone proposal that could impose $15 billion in costs and a rule relieving $1.7 billion in burdens on truckers. Annualized costs were $13.9 billion, compared to $38.6 billion in benefits; paperwork declined by 45.2 million hours.
The Department of Energy (DOE) recently released a proposed rule updating the energy efficiency standards for residential dishwashers. The proposal establishes divergent standards for “standard” and “compact” machines. Interestingly, this rulemaking comes only two years since a 2012 direct final rule regulating dishwashers. The unofficial, pre-publication version of the current proposal is 178 pages.
Regulators published $400 million in total regulatory costs this week, thanks to a proposal regulating Accountable Care Organizations. Annualized costs were $129 million, compared to $124 million in benefits, and 115,000 paperwork burden hours.